Texas

Halliburton: Fourth Quarter Earnings Report

HOUSTON (AP) _ Halliburton Co. (HAL) reported fourth-quarter earnings of $656 million on Tuesday.

The Houston-based company said it posted earnings of 72 cents per share.

The results beat Wall Street’s expectations. The average estimate of 10 analysts polled by Zacks Investment Research was 67 cents per share.

A drilling services provider for oil and gas operators reported $5.58 billion in revenue for the period, in line with Street’s forecasts.

For the year, the company reported earnings of $1.57 billion, or $1.73 per share. Revenue was $20.3 billion.

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This story was created by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access the Zacks inventory report on HAL at https://www.zacks.com/ap/HAL.

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